Saturday, June 23, 2018

World largest banknote in HKINF World Currency Signature Auction

World largest banknote, Malaysia RM600 commemorative banknotes in conjunction with the 60th Anniversary of the Signing of the Federation of Malaya Independence Agreement is one of the featured collection in Heritage Auction HKINF World Currency Signature Auction. The auction will take place June 27-28 at the Mira Hotel on the Kowloon side of Hong Kong.

World largest banknote

Included in this lot #28328 are RM600 and RM60 commemorative banknotes. Both of these beautiful notes have earned the highest PMG grade possible of Gem Uncirculated 70 EPQ*. PMG assigns the "*" designation to EPQ notes with exceptional eye appeal for their assigned grade.

The 600 Ringgit note comes with its original packaging which includes a valise that is stored in a special Bank Negara Malaysia box.

These banknotes commemorate the 60th Anniversary of the Federation of Malaya Independence Agreement signing in the year 1957. The commemorative banknotes honour the Council (later called Conference) of Rulers’ contribution towards the realisation of the Nation’s independence on 31 August 1957. The Agreement dated 5 August 1957 proclaiming the Yang di-Pertuan Agong as the Supreme Head of the Federation was signed by the Malay Council of Rulers from Johor, Kedah, Kelantan, Negeri Sembilan, Pahang, Perak, Perlis, Selangor and Terengganu with Sir Donald MacGillivray, the High Commissioner of the Federation of Malaya who represented Queen Elizabeth II. The Agreement became a historical constitutional evidence for the independence of the Federation of Malaya.

The banknote design is based on the theme of “Raja Payung Kedaulatan Negara”. These commemorative banknotes are the first commemorative banknotes printed by Bank Negara Malaysia on the composite substrate, a combination of polymer and paper substrate, which offers higher security features and longer life span. These banknotes are printed larger in size, based on its face value.

Only 6,000 pieces of the RM600 and 60,000 pieces of the RM60 commemorative banknotes in conjunction with the 60th Anniversary of the Signing of the Federation of Malaya Independence Agreement printed by BNM.

The dimensions of the oversized 600 Ringgit is 370 by 219 millimeters and the 60 Ringgit measuring 162 by 84 millimeters.

You can view the Auction at Heritage Auction website, Heritage Auction RM600.

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Friday, June 22, 2018

Datuk Nor Shamsiah Mohd Yunus as the 9th BNM Governor

Congratulation to Datuk Nor Shamsiah Mohd Yunus as the 9th Bank Negara Malaysia (BNM) Governor starting from 1 July 2018 to 30 Jun 2023. His Majesty Yang di- Pertuan Agong has on 19 June 2018 granted his royal consent to the recommendation of YAB Prime Minister Tun Dr Mahathir Mohamad to appoint Datuk Nor Shamsiah Mohd Yunus as the new Governor of Bank Negara Malaysia.

Nor Shamsiah

The Prime Minister forwarded his recommendation on 18 June 2018 to the Yang di-Pertuan Agong that Datuk Nor Shamsiah be appointed as the BNM Governor for a term of five years effective from 1 July 2018 to 30 June 2023.

Datuk Nor Shamsiah was the Deputy Governor of Bank Negara Malaysia from 2010 until 2016. She recently served as Assistant Director of the Monetary and Capital Markets Division of the International Monetary Fund.

As Deputy Governor, Datuk Nor Shamsiah was responsible for banking, insurance and Takaful supervision, financial intelligence and enforcement, talent management, finance and shared services of the central bank.

Datuk Nor Shamsiah joined Bank Negara Malaysia in 1987 and has served in various areas including prudential regulations, legislation, policies and guidelines for the financial sector and supervision. She was involved in the financial sector resolution initiatives during the Asian financial crisis. She played a key role in the formulation and implementation of the Financial Sector Masterplan (2001-2010) and Financial Sector Blueprint (2011-2020) that charts the development of the Malaysian financial system.

Datuk Nor Shamsiah graduated from the University of South Australia with a Bachelor of Arts Degree in Accountancy and is a Certified Practising Accountant (CPA).
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Thursday, June 7, 2018

The King of American Coins in Heritage's Long Beach Expo

The Mickley-Hawn-Queller specimen of the 1804 $1 silver dollar or known among collectors as "KING OF AMERICAN COINS" may set numismatic history as Heritage Auctions presents several high-value private collections as the official auctioneer of California’s Long Beach Expo June 13-18.

1804 $1 silver dollar

This coin will cross the block as a part of the Premier session, scheduled for the evening of Thursday, June 14.

For more than a century, the 1804 dollar has reigned as the "King" of U.S. coinage, a fitting title to bestow on a coin made for royalty. The U.S. Mint received orders to strike complete sets of proof coinage meant to serve as diplomatic gifts for sovereigns such as the Sultan of Muscat, the King of Siam, and the Emperors of Cochin-China and Japan.

The King of American Coins sold for $3,877,500 including buyer premium in Heritage Auction Platinum Night event on 9 Aug. 2013.

Long Beach 2018 introduces "An Important New York Collection," an important selection of U.S. type. Also scheduled for the Premier session, the collection features 21 breath-taking lots:

  • A national treasure: a 1793 With Periods Chain cent, MS65 Brown PCGS. CAC – a rare surviving example of the very first Federal type coins ever minted, and a specimen with impeccable provenance (Ex: Cleneay-Atwater-Eliasberg).
  • A 1796 No Stars quarter eagle, BD-2, MS61 PCGS, a historic first-year condition rarity and an important one-year type.
  • An 1870 Liberty Head twenty dollar, PR65 Ultra Cameo NGC. CAC – the second-finest known of just five or six survivors in collectors’ hands.
  • The finest known Continental dollar: a 1776 EG FECIT Pewter Continental dollar, MS67 NGC, an astonishing coin that has fascinated numismatists for more than 200 years.
  • A 1794 Flowing Hair silver dollar, B-1, BB-11, XF40 PCGS. CAC, displaying a sharp strike, full date, and sharp stars.
  • An 1805/4 Draped Bust half dollar, O-101, T-4, MS64 NGC. CAC, arguably the finest 1805 half dollar of any variety (Ex: "Col." E.H.R. Green-Eric P. Newman-Oliver Jung)
  • An 1804 Draped Bust quarter, Browning-1, MS65 NGC. CAC, the finest certified by NGC or PCGS (Ex: "Col." E.H.R. Green, Jerome Kern)
  • An 1840-C five dollar gold, MS64+ PCGS Secure. CAC, none finer at both services and the finest ever graded by PCGS.

Heritage Auctions’ Long Beach Expo Auction opens for bidding May 25 at coins.HA.com. Lot preview begins June 9-11 at Heritage Auctions Beverly Hills, 9478 West Olympic Boulevard, and June 12-16 at the Long Beach Convention Center, 300 East Ocean Boulevard.
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Monday, April 23, 2018

Australia new effigy of Queen Elizabeth II announced

Yesterday, Australian Government announced the exciting news that in 2019 Australia will adopt a new effigy of Her Majesty Queen Elizabeth II, designed by Jody Clark, on all circulating and collector coins.

Queen Elizabeth II

The new effigy of The Queen will be only the sixth to feature on Australia’s coins since Her Majesty’s accession to the throne in 1952.

The effigy was designed by Jody Clark, an engraver for the United Kingdom’s Royal Mint. Jody Clark’s original effigy was chosen through a competition commissioned by the United Kingdom’s Royal Mint Advisory Committee and has been in use in the United Kingdom since 2015.

The effigy to feature on Australian coins is an adaptation of Jody Clark’s original drawings. Her Majesty is portrayed wearing the Royal Diamond Diadem, which was worn for The Coronation. In keeping with tradition, Her Majesty continues to face to the right of the coin.

Assistant Minister to the Treasurer, the Hon Michael Sukkar MP, welcomed the change: “The Government is upholding the tradition of periodically updating Her Majesty’s image on Australia’s coins. This new effigy will replace the Ian Rank-Broadley effigy which has been in use since 1998.”

Australians can expect to start seeing the new effigy on 2019-dated coins.

It may take some time before these coins appear in people's change as the new coins will be distributed through banks across Australia as a first priority.

Coins bearing previous effigies of Her Majesty will not be removed from circulation and will continue to be legal tender.
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PMG Special Labels for Malaysian Notes

Paper Money Guaranty (PMG) is offering a special label for 60th Anniversary of Independence and Trigo Kuala Lumpur International Money Show until December 31, 2018. According to PMG, 21 special labels offered by PMG so far and many of the labels have already ceased.

PMG Special Label

PMG has created a variety of attractive certification labels to enhance the presentation of PMG-graded notes. Many of these special labels are available for all PMG submitters, while others are made available through select retailers.

rm600

Malaysia 1st special label is for the commemorative notes issued by Bank Negara Malaysia to celebrate 60 years since the signing of the Independence Agreement. The special PMG label pays tribute to Malaysia's self-determination by showing the crescent moon and 14-point star from the Malaysian flag, elements that are also present on the note's front.

Show Ticket

Malaysia 2nd special label is for 2nd Trigo Kuala Lumpur International Money Show Ticket which have a value of 15 Ringgits and feature a striking image of a peacock. Made on banknote paper, they have multiple security features, such as design elements that can only been seen under ultraviolet light. The special label show their peacock theme.

For information and submission, you can contact Trigometric Sdn Bhd, an Official Submission Center for NGC, NCS and PMG in Malaysia.
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